Pi Coin (PI) Price Prediction for July 5
The post Pi Coin (PI) Price Prediction for July 5 appeared on BitcoinEthereumNews.com.
Pi Coin continues to trade under pressure after a sustained selloff from the $0.66 range. The Pi coin price today is holding around $0.482, clinging to the last significant demand zone between $0.47 and $0.48. With recent candles hovering just above local support, all eyes are on whether this zone will attract enough buyers to hold off another leg down. What’s Happening With Pi Coin’s Price? Pi Network price dynamics (Source: Tradingview) On the 4-hour chart, Pi coin price action remains trapped within a broader descending channel. Price recently bounced from the $0.4719 demand zone, which has historically acted as a pivot for temporary recoveries. However, repeated rejections from the $0.52–$0.5347 supply band, coupled with volume profile resistance, suggest the upside remains limited unless this area is decisively cleared. Pi Network price dynamics (Source: Tradingview) The daily structure shows a weakening trend, with lower highs since May and a failure to reclaim key dynamic resistance levels. Price continues to follow a bearish trajectory under the descending trendline, and any upside rally will need to break this diagonal pressure to confirm a reversal. Why Is the Pi Coin Price Going Down Today? Pi Network price dynamics (Source: Tradingview) The reason why Pi coin price going down today stems from a combination of failed bullish attempts and weakening momentum. The 30-minute RSI is trading near 35, pointing to persistent bearish control with no short-term bullish divergence in sight. Simultaneously, MACD on the same timeframe shows a flat histogram with the signal line still below the zero mark — indicating muted recovery strength. Pi Network price dynamics (Source: Tradingview) The Supertrend indicator on the 4-hour chart remains bearish at $0.5091, and the price continues to trade below this trend threshold. Directional Movement Index (DMI) adds further evidence of weakness, with the -DI (28.58)…
Filed under: News - @ July 4, 2025 10:31 am